Saxo Bank vs Forex.com

Saxo Bank vs Forex.com Comparison Table 2021
Saxo Bank Forex.com
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best US Broker 2020 - DayTrading.com
Best US Broker 2019 - DayTrading.com
Runner-Up - Best Forex Broker 2019 - DayTrading.com
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Credit Card, Mastercard, Visa, Wire Transfer Credit Card, Giropay, MoneyGram, Paysafecard, Wire Transfer
Minimum Trade
Vary by asset $1
Regulator
Danish FSA, FCA and Others NFA, CFTC, FCA, FSA, IIROC and CIMA
Margin Trading
No No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) Yes
Auto Trading
No Automated trade supported through trading platforms (MT4)
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP, CHF
CFD
Leverage
1:30 Variable based on Country and Experience of trader.
FTSE Spread
1.2 pts (Variable) 1 pt
GBPUSD Spread
0.7 (var) 1.0 Var
Oil Spread
0.03 0.04 Var
Stocks Spread
0.10% (subject to min commission) 0.1% (Min Commission Applies)
Forex
Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry.
GBPUSD Spread
0.7 (varies by region) 1.0 Var
EURUSD Spread
0.2 (varies by region) 0.7 Var
EURGBP Spread
0.6 (varies by region) 0.7 Var
Assets
40+ 80+
Cryptocurrency
Crypto trading not offered Trade the major Cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account.
Spread
BTC 1.4%, ETH 2%
Coins
BTC, BCH, ETH, LTC, XRP